Calcium Silicate Boards Used to Effortlessly Adapt to
Exterior and Interior Wall Cladding to Create Robust Fire-Rated
Partitions: Fact.MR Report
ROCKVILLE, Md., July 24, 2024 /PRNewswire/ -- The
global Calcium Silicate Board Market is poised to
reach a worth of US$ 919.3
million in 2024. According to a recently updated
research report by Fact.MR, the market is forecasted to expand at
4.2% CAGR from 2024 to 2034. Increasing demand for
energy-efficient and fire-resistant building materials due to
stringent building codes is benefitting calcium silicate board
manufacturers across the world.
Calcium silicate boards are versatile construction products that
offer excellent thermal insulation properties, making them an ideal
choice for various applications such as exterior and interior wall
cladding, fire-rated partitions, and insulation systems in
residential, commercial, and industrial buildings. These boards are
made from a combination of calcium silicate and reinforcing fibers
resulting in a lightweight, durable, and rigid material that can
withstand high temperatures and provide effective fire
protection.
Growing demand for prefabricated and modular construction
methods is contributing to the expansion of the calcium silicate
board market size. As the construction industry continues to
prioritize energy-efficient, fire-resistant, and eco-friendly
materials, the calcium silicate board market is expected to witness
moderate growth during the forecasted period.
For More Insights into the Market, Request a Sample of this
Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=5207
Key Takeaways from the Calcium Silicate Board Market
Study:
- The global calcium silicate board market is forecasted to reach
a value of US$ 1.39
billion by 2034.
- The North American market is forecasted to expand
at 3.6% CAGR from 2024 to 2034.
- East Asia is calculated to
account for 25.1% of the global market share by
2034-end.
- Sales of calcium silicate boards in Japan are forecasted to rise at 4.6% CAGR
from 2024 to 2034.
- Sales of 2,400 x 1,220 mm boards are forecasted to reach
US$ 87.9 million by 2034.
- Demand for calcium silicate boards in Canada is projected to increase at
3.3% CAGR through 2034.
"The construction industry is increasingly adopting
calcium silicate boards because of their excellent thermal
insulation properties and fire resistance. Continuous improvements
in manufacturing technologies are enhancing the performance,
durability, and ease of installation of calcium silicate
boards," says a Fact.MR analyst.
Leading Players Driving Innovation in the Calcium
Silicate Boards Market
The key players in the calcium silicate boards industry are A
& A Material Corporation; BNZ Materials; Calderys; Calsitherm;
ETEX Group; Japanese Insulation Co. Ltd.; Johns Manville; Kingtec
Materials.
Indispensable Role of Calcium Silicate Boards in Chimney
Construction
Calcium silicate boards find significant application in the
construction of chimneys and flue linings due to their excellent
heat resistance and insulation properties. These boards are
engineered to withstand extreme temperatures, which makes them an
ideal choice for lining chimneys and protecting the surrounding
structures from heat damage.
Increased urbanization in developing countries such as
China and India is fueling the need for chimneys and
flue systems, thus driving sales of calcium silicate boards. The
exceptional thermal performance and durability of these boards have
made them a preferred choice for chimney production.
Calcium Silicate Board Industry News:
- In 2022, Ramco Industries launched a new production
facility in Arakkonam, India. The
company boasts a production capacity of 11.5 million square meters
for its calcium silicate board and tiles range, which are currently
available in over 15 countries. This move will allow the company to
expand its market reach to over 40 countries worldwide.
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Global Market Analysis 2019 to 2023 and Forecast 2024 to
2034, by Board Size:
- 1,000 X 500 mm
- 1,200 x 2,500 mm
- 2,400 x 1,220 mm
Global Market Analysis 2019 to 2023 and Forecast 2024 to
2034, by Application:
- Climate Boards
- Pipe Sections
- Equipment Insulations
- Fire Protection
- Chimneys
Global Market Analysis 2019 to 2023 and Forecast 2024 to
2034, by End Use:
- Petrochemicals
- Furnaces
- Steel
- Glass
- Aluminum
- Cement
- Marine
- Building & Construction
More Valuable Insights:
Fact.MR, in its new offering, presents an unbiased analysis of
the calcium silicate board market for 2019 to 2023 and forecasts
market statistics for 2024 to 2034.
The study divulges essential insights into the market based
on calcium silicate board market by board size (1,000 X 500
mm, 1,200 x 2,500 mm, 2,400 x 1,220 mm), application (climate
boards, pipe sections, equipment insulations, fire protection,
chimneys), and end use (petrochemical, furnaces, steel, glass
industry, aluminum, cement, marine, building & construction),
across seven major regions of the world (North America, Latin
America, Eastern Europe,
Western Europe, East Asia, South
Asia & Pacific, and MEA).
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